Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.

Bloomberg: How China Is About to Shake Up the Oil Futures Market
China, the world’s biggest oil buyer, is opening a domestic market to trade futures contracts. It’s been planning one for years, only to encounter delays. The Shanghai International Energy Exchange, a unit of Shanghai Futures Exchange, will be known by the acronym INE and will allow Chinese buyers to lock in oil prices and pay in local currency. [more...]

Bloomberg: Goldilocks Under Threat According to These Three Bear Charts
Even before investors faced the prospect of a trade war’s impact on economies, a number of indicators suggested that the market narrative based on synchronized global growth had some clouds gathering on the horizon. [more...]

Bloomberg: Exxon Says Watch for Oil Shocks as Demand Becomes Market Driver
Soaring demand is the main reason for the rebound in oil prices -- but if the economy falters, crude could tumble back to $40 a barrel, according to Exxon Mobil Corp. [more...]

Bloomberg: Trump Is the Biggest Risk Facing Asian Stocks
BlackRock Inc.’s head of China equities, Helen Zhu, is keeping a close eye on U.S. trade relations as equity markets across Asia contend with the consequences of President Donald Trump’s protectionist proposals. [more...]

Reuters: China warns of 'necessary response' in event of trade war with U.S.
China will respond as necessary in the event of a trade war with the United States, Foreign Minister Wang Yi said on Thursday, while warning that such a war would only harm all sides. [more...]

Reuters: Trump plans to offer Canada, Mexico 30-day tariff exemption: official
U.S. President Donald Trump plans to offer Canada and Mexico a 30-day exemption from planned tariffs on steel and aluminum imports, which could be extended based on progress in NAFTA talks, a White House official said on Wednesday night. [more...]

Reuters: 'Death by China' economist ascendant as Trump pushes tariffs, hits China
An economist who believes that Chinese goods are literally poisoning Americans, advocates ending Washington’s “One China” policy and says trade deals have weakened the United States economically with the connivance of U.S. business has emerged as the big winner from renewed turmoil in the White House. [more...]

CNBC: Saudi Arabia and UK hail multibillion-dollar alliance amid protests and political pressure
Saudi Arabia's crown prince and the U.K.'s prime minister launched an economic and investment partnership worth billions of dollars on Wednesday, amid human rights protests in London and political pressure in parliament. [more...]

CNBC: European Central Bank expected to tread carefully amid mounting global insecurities
Mario Draghi, the president of the European Central Bank (ECB), is unlikely to give too much away at his press conference this week amid a surge in economic uncertainty. [more...]

Currency Strength Indicators

​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here